The Press: Little Sam's Big Gift

Though he owns the nation's largest newspaper empire,* Samuel Ir
Newhouse, 69, is often criticized as a crass financier whose only
concern is his profit, who has done little to improve the quality of
his often mediocre papers. But at Syracuse University last week, Press
Lord Newhouse (TIME cover, July 27, 1962) drew himself up to his full 5
ft. 3 in. and watched as President Johnson inaugurated a handsome new
building that will testify to Sam Newhouse's concern for quality in the
press long after his critics' cries have faded.